RLX Technology (RLX) Equity Ratio (2019 - 2026)

RLX Technology (RLX) posted Equity Ratio of 0.91 for Q1 2026, up 3.81% quarter-over-quarter from 0.88 in Q4 2025.

RLX Technology (RLX) Equity Ratio (2019 - 2026) Analysis & Trends

RLX Technology (RLX) has reported Equity Ratio for 8 consecutive years, with 0.91 the latest figure, recorded in Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.91, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was 0.91 (changed N/A YoY), and the FY2025 annual result was 0.87, down 7.99% from the prior year.
  • Equity Ratio was 0.91 for Q1 2026 at RLX Technology, up from 0.88 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.96 in Q3 2023 and troughed at 0.85 in Q1 2022.
  • Average Equity Ratio over 5 years is 0.93, with a median of 0.95 recorded in 2022.
  • Year-over-year, Equity Ratio advanced 14.86% in 2022 and fell 7.41% in 2025.
  • Over 5 years, Equity Ratio stood at 0.95 in 2022, then grew by 0.77% to 0.96 in 2023, then declined by 0.88% to 0.95 in 2024, then dropped by 7.41% to 0.88 in 2025, then gained by 3.81% to 0.91 in 2026.
  • Per Business Quant data, the three most recent Equity Ratio figures were 0.91 in Q1 2026, 0.88 in Q4 2025, and 0.95 in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn -0.09
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn 0.91
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn 0.50
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn 0.53
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn -0.21
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn 0.29
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 0.89
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 0.36
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn 0.59
10 22nd Century 128,296.63 -9.42 Mn -636,000.00 0.70

Historic Data

Download Data
DateValue
Mar 31, 2026 0.91
Dec 31, 2025 0.88
Dec 31, 2024 0.95
Mar 31, 2024 0.96
Dec 31, 2023 0.96
Sep 30, 2023 0.96
Dec 31, 2022 0.95
Mar 31, 2022 0.85
Dec 31, 2021 0.83
Sep 30, 2021 0.82
Jun 30, 2021 0.79
Mar 31, 2021 0.82
Dec 31, 2020 0.37
Dec 31, 2019 0.07